Development Application Approved

Gladstone Regional Council announced the approval of Stockland's DA on 2nd October 2013. We’re very pleased with the Gladstone Regional Council’s decision to approve our Development Application for our planned $150 million expansion of Stockland Gladstone Shopping Centre.

“We welcome the decision by Gladstone Regional Council to approve our redevelopment plans for the West Mall at Stockland Gladstone Shopping Centre,” said Rob Fleming, Development Manager, Commercial Property at Stockland. “The Council’s positive endorsement of our plan is an important step forward towards our planned $150 million investment in Gladstone.”

In terms of Stockland’s overall approach to retail in Central Queensland:

In 2010, Stockland completed a major redevelopment and expansion of Stockland Rockhampton Shopping Centre and, as a result of our investment, the centre continues to trade exceptionally well and is extremely popular with local residents and visitors to the region. We’re now a step closer to taking a similar approach to greatly improve our retail offering at Gladstone.

“We’ve been reshaping our shopping centres with a clear objective to create the best retail offer in each trade area,” said Robyn Stubbs, General Manager Retail Leasing at Stockland. “Our aim is to be a leader in regional markets and have a clear point of difference where we operate in metropolitan areas.”

“In practice, this means providing our customers with the best possible shopping experience and the greatest level of convenience,” explained Ms Stubbs “We’ve undertaken significant studies and analysis of the respective trade areas surrounding our shopping centres at Gladstone and Rockhampton and we’re confident that there is more than sufficient local demand and population growth to ensure strong patronage and support for both shopping centres.”

“As always, we will continue to listen to our customers and our retailers and all stakeholders to ensure we provide a vibrant and exciting retail shopping experience at both centres, with each centre maintaining its own distinctive character and mix of fresh food, supermarkets, discount department stores, entertainment, fashion and speciality stores.